Trends, News & Interesting Reads

Only a few months after the Supreme Court's ruling that gave the go-ahead to legalize sports and online betting, multiple wagering options are being opened up to bettors in locations around the United States

Richard Jarecki, a Vegas casino legend who caused mayham in casinos throughout the world, died this week. Jarecki is remembered in Vegas and along the French Riviera for figuring out how to predict the results of a roulette wheel's spin which earned him millions in casino wins and put the casino industry in a tailspin

If Vegas online Australian casinos were worried about the impact that the growth of other casino empires in the Far East might have on their country's gambling industry, they needn't have worried. Despite high growth in Hong Kong, Macau, the Philippines and other Eastern locales, Australia's casino industry is thriving.

Some of the latest updates:

Plans for Japanese casinos are moving forward though stumbling blocks still remain. Galaxy, a Vegas online operator which is hoping to get in on the ground floor of the Japanese casino industry, is launching a program to teach Japanese hosts about running Integrated Resorts while MGM is advancing its own plans to build in Osaka.

An Auburn, Washington casino is taking an innovative approach to increasing its customer base and bringing Vegas casino action to the client. The Muckleshoot Casino is launching a new app in conjunction with Playport Gaming Systems that will allow gamblers to place bets and purchase real money games from anywhere at the casino. 

The games will include Bingo and other games that aren’t played against the house. This marks the first app that requires a gambler to be present at the casino to deposit or to cash out of an online game. In  similar operations in Mexico Playport makes such games available directly from the Playport point-of-sale.

The worlds of cryptocurrencies and Grande Vegas online gaming  are increasingly working in tandem with each side fulfilling many needs of the other. 

Worries about the impact that online gaming might have on the Vegas casinos seem to be unfounded. Even as playing online Vegas games online grows, profits at the Vegas brick-and-mortar casinos is skyrocketing, leading industry insiders to predict that the economy can look forward to new developments and investments in Vegas entertainment.

Less than two months after the Supreme Court ruled that states could legalize sports betting, New Jersey – the state that challenged Congress's ability to limit that option – is racing ahead. New Jersey already had the legislation in place before SCOTUS's May 14^th ruling and almost immediately casinos started to submit their applications to operate sports betting online Vegas games in their venues.

Casinos say that nobody connected to the Vegas online and on-site industry benefits from problem gambling. Problem gamblers lose money that they can't afford to lose, see relationships disintegrate and suffer emotional and physical health deterioration.

The casino industry also suffers. The fall-out from problem gambling is one of the biggest objections that community activists and public officials have to opening new casino sites. The sector's reputation suffers and that impacts business negatively.

When SCOTUS ruled that states could legislate sports betting in their states, no one realized the impact that it would have on the fantasy sports industry. The Grande Vegas daily fantasy sports has benefitted from the new sport betting reality and is on the cusp of a major growth spurt in New Jersey and around the country.